Economics Info

Economic News, Discussion and More

Archive for August, 2010

Never have so few, done so little, and made so much, while screwing so many.

Aug 31

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The Economic Fallacy of ‘Zombie’ Japan: During that allegedly “lost decade”, Japan also had universal healthcare, less inequality, the highest life expectancy, low infant mortality and low rates of crime and incarceration. Americans should be so lucky as to experience a Japanese-style lost decade.

Aug 31

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Netherlands to close prisons for lack of criminals

Aug 31

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"Virtually the entire economics profession insisted on ignoring the housing bubble as it expanded to ever more dangerous levels. Remarkably, even after the bursting of this bubble wrecked the economy…most economists are still determined to ignore the bubble."

Aug 31

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The answer to a housing recovery: Lower Prices

Aug 31

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The corporate entity’s influence grew to where it was immune from justice. It became self-aware in 2008 and after draining the treasury, it simply continued to siphon off the future wealth of the people as it drove us into irredeemable debt.

Aug 31

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Waiting for Mr. Obama – If President Obama has a big economic initiative up his sleeve, as he hinted recently, now would be a good time to let the rest of us in on it.

Aug 31

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Let Them Eat Credit – How [income] inequality is at the root of the Great Recession

Aug 31

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How we lost 1.3 million households from 2008 to 2009. New Census figures show a large decrease in U.S. household count.

Aug 31

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Economist Determines The Cheapest Time to Book a Flight Is Eight Weeks Before You’re Traveling

Aug 31

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The [UK] housing market is under threat from a shortage of first-time buyers as they are priced off the property ladder by the large deposits needed, new research shows.

Aug 31

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Monetarists Follow Milton Friedman to the Grave – Milton Friedman, Nobel Laureate in Economics, died in 2006. Monetarism, the school of thought he founded, seems to have died with him, judging from recent comments.

Aug 31

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10 US States with ridiculously low unemployment — and why

Aug 31

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Faber: Avoid Treasuries Because 30-Year Party Is Over — The exploding budget deficit will doom the Treasury market, Faber says. The Obama administration estimates the deficit will total $1.47 trillion this year and $1.42 trillion in 2011.

Aug 31

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An Austrian Take on the Venus Project’s "Resource-based Economy"

Aug 31

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Homelessness up 50% in New York City

Aug 31

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Estimates Say Fewer Jobs, Larger Deficits if Republicans Were in Charge – Valid or Crap?

Aug 31

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Why is it that a common currency works among several states (the dollar in USA) but fails among different countries (Euro zone)?

Aug 31

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Rumor People’s Bank of China Governor Zhou Xiaochuan Has Defected From China After Suffering Half A Trillion In UST-Related Losses

Aug 31

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The West is fucked.

Aug 31

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